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20120926
20121004
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Search Results 0 to 18 of about 19 (some duplicates have been removed)
to stimulate the economy. again, i put stimulate in quotes because who knows if it is momentary for china. >> we have this bump of china of 2.5%, you can't underestimate the short-term tailwind, whatever they have for the economic expansion, especially on commodities prices. that is part of the reason why we have a significant progress. david: were you aware of all this? that is basically what it is. were you worry about it? >> i am very suspicious and wary. however, i don't think that the close is clear. a little bit underweight equities, as you well know, a lot longer for state solvents. david: keep the sound there. i want to hear there is any interaction. tim is joining us right now. when we think about these honeypots in the market? >> i agree with him. the market is clearly ignoring the negative news that we are seeing in the u.s. and the fact that we are in a recession and maybe longer in europe. it is not deterring people from buying stocks right now. you could certainly call it a bubble in general. i think equities was probably overheated here. given the weak industrial numbers, g
and the sovereign bond market and watch the politicians fail to do what's necessary to get these economies to grow. you have to stabilize the patient before you try and fission their long-term problems. the politicians don't do this. that means europe stays in a recession. for u.s. investors, i think it is still something of a side show. >> something of a side show. until they either come up with the austerity or -- something's got to give, right? >> because it doesn't disrupt the u.s. economy. the u.s. economy is still growing. our exports to europe are only a very small part of our gdp. the housing market recovery is much more important to the improvement of wealth. we're seeing some improvement of confidence. we're seeing rising home prices. all these are more important to the united states than what's going on in europe. >> mark, how do you see it? you invested in europe these days or no? >> a little bit, maria. you know, i guess the thing i would say about europe and soon to watch on our shores is you're going to pay more and get less. i look forward to the dislocation between price and value
on domestic issues including the economy and jobs. the second debate on the campus of hofstra university. politico has this piece about jim leher. for the first time in the 2012 campaign, the president and mitt romney will face each other in what many consider the most important even between now and november 6. for the 12th time in the history of debates, jim leher has been asked to serve as moderator making him the most experienced a moderator and the modern history, he is uniquely suited according to his contemporary. at a time when the electorate is as divided as ever and wind -- media scrutiny is -- next is hayley. welcome to the program. caller: good morning. thank you for taking my call. i am one of the people who spend every summer for the last few summers going around the nation asking questions. my main question is, what do people think politically and what they are paying attention to. you say are a third party is relevant, yes, they are. they will never get any kind of support as long as the american people are more interested in things like "dancing with the stars." that is a
and they can't do anything other than use the central government to force the economy to do x and y. and they're trying to get away from that. as they move away from it, that part of the economy clearly shows some struggles. >> short the aussie dollar, what, long the mexican peso? >> mexico is one of the big winners because they're deliberately raising wages. so low value added chinese manufacturing is nowhere near as competitive in the world as it once was. you see evidence of the u.s. getting some of it back. so mexico sort of had its breakfast, lunch and dinner the past 20 years by china appearing on the scene is probably in the early stages of regaining some of that a. so i think mexico is a big winner. southeast asia, philippines, for example. >> all right. jim, stick around. more to come from you. let's get over to asia and get a wrap of the day over there. >> thanks, ross. asian markets were mostly higher buoyed by improved data in u.s. and europe and also the rba rate cut. surprising move from the central bank helped the australian market end at a five month high. resources and banks
borrowing rates while the economy continues to grow slowly, and that its bond-buying strategy will continue. he insisted that five years of low interest rate policies have not increased inflation. the fed plans to hold the interest rate near zero until at least mid- 2015. bernanke also indicated that there is not another recession on the horizon, but the economy still isn't strong enough to add jobs faster than the current rate. in greece, union workers are preparing for more 24-hour strikes and walk-outs this month. workers are protesting the government's austerity measures. government officials submitted a draft of the 2013 budget yesterday that calls for a new wave of deep cuts which will save $10 billion next year. workers will protest proposed cuts to salaries, pensions and other benefits. last week, 50,000 people in athens demonstrated against austerity. wages in china are going up - by some estimates, about 17% a year. it is providing china's growing middle class with more money to buy goods, though inflation is not helping. but it may also drive up the cost of making some of those
system? >> i think that is an important question, especially for our economy. i want to point out one thing. she posed for sequestration and now says it will not happen. can you imagine that kind of leadership? she goes for the fiscal cliff and now she says it will not happen. let's talk about education. this is the problem i see. we have a department of education in washington. they have 3500 employees that make over $100,000 a year. they are dictating to the school district how to do their jobs. i think that is a shame and it is wrong. i am not talking about closing down the department of education. i have never said that and never will. can we reduce the size of that department of education and get that money down to the school district? i believe the best education for children in nevada comes between parents, teachers, and principles. -- principals. those are who should be making the decisions. >> if i could quickly comment. my opponent mentioned my vote on sequestration. just a few questions ago, he said he voted to end medicare by turning it over to private insurance companies
to change the mood. business confidence in the world's third biggest economy continues to take a hit. sentiment fell in the july to september quarter. this according to the central bank's survey. falling output and exports have taken a toll along with rising worries over strained relations with china. the one bright spot, the mood in the service sector which remains much higher. japan also has a new finance chief after noda reshuffled his cabinet. largely expected to stick to the reform plan. in all ten new faces were brought into the cabinet including the economics minister and he's been urging the bank of japan to take more action, as well, on the economy. ed rogers is ceo of rogers investment advisers and he joins us now. ed, was that one bright spot in the tank enough? >> good morning, ross. i think actually there were two bright spots. cap ex- is expected to rise at much higher rate than previously expected. those are good things. the fact that in the short term we have a bit of a down tick in enthusiasm and a lot of that could well be placed at the doorstep of the china and jap
in adopting measures to react to the international economy. that is why the mexican chairmanship decided to work hard to build a much broader consensus. we brought to the process the largest number of countries possible and listen to all the sectors we could, to the unions, to businessmen, to specific organizations, to young people as we brought all of their proposals to the pleary of the g-20. we had many administrative meetings. we have managed to bring divergent positions closer together. this was crucial to insure that the g-20 that we held in los cabos would seek -- would achieve the significant progress. months prior to this, there was a doubt as that -- as to the viability of the euro as a single currency for european countries. at the meeting, we endorsed with the support of the rest of the group, we endorsed a robust commitment not only to the bureau as a monetary unit but also to financial, physical, and political unity of europe zone. zone we brought in commitments from the international financial community. and also the international monetary fund. among the most significant
economy has not seen disruptions like some years ago. why? 1989, now each year china has many law school students. that is faster than united states, for better or for worse. [laughter] their commercializing the media. none of them existed in 1989 in china. this provided a stabilizing force for a peaceful transition. the party needs to transform itself before it is too late. there is a serious discussion among social groups talking about legitimacy of the chinese communist party. how could it be possible? because his ambition will never stop. that is an important lesson. this is a critical moment china is experiencing at this conjunction of history. so, in a way, to answer your question, the leadership, in many ways they also sense the of the vulnerability. but it is not clear whether they will really transform the party because it is a very complicated process. there are ethnic issues. again, all of these issues will resurge, plus, the economy, slowed down. that as a result of the political problems and a further revealed the fundamental problems in the system, monopoly, corruption, etc
the economy. when we announced qe-3, those were exactly the conversation we were having on the point, but still the market rallied and later on down the line, you rationalize it as the initial event wasn't so powerful. now we're doing exactly the same in europe. every time we go through this process. >> let's take an attendance call. volumes are still considerably low. today is a holiday. last week we had a significant holiday in the u.s. attendance is just low. there's not the kind of participation. so if you get something like that that spooks a few participants who actually are in the market, it's going to have a more profound effect and you'll see a percent and a half pullback. >> where do you stand on the notion that there's going to be a chase for performance in the fourth quarter and therefore will want to be in this market, putting sort of a floor underneath? >> that's a legitimate concern for people who aren't fully invested, but up to where they should be in terms of risk on with their portfolios. i do see there's considerable amount of risk to have that continue to push ag
with government -- >> we had a downturn in the economy. we of hard times, people looking for work and not able to find jobs. >> 65% of federal spending going to individual payments. it may not sound good, but we have created a welfare state. >> to blame it all on president obama is even worse. to declare the president of the united states is manipulating so people will stay and vote democrat? i think that is the most ridiculous thing i have ever heard. if such a cynical view of the presidency and of government. that cannot possibly reflect -- >> your response? >> i think a far better approach than a dependency is removing the barrier the federal government puts in place to small businesses and allowing entrepreneurs and small businesses to drive. >> what barriers? >> i am very happy to discuss the various. >> i wish she would. >> let him finish and make his point, then you can respond. >> what texans are looking for, and what is inherent in the east coast of texas, is that we are not looking for handouts. we're looking for the chance to the entrepreneur is, to work to achieve. think there have
, handful decisions are but we're going to have to face them spent fixing the economy sunday at 8 p.m. on c-span's q. and a. >> next a form on the 2012 elections focusing on demographics, the economy and a center for american progress report on how the presidential candidates can get the electoral votes they need to win. we wished as much of the hour and have even as we can until our live coverage at nine eastern. >> good afternoon, everyone. my name is daniella gibbs leger and i'm vice president for american values and newt gingrich are at the center for american progress. i want to thank you for joining us. for the past, rogue demographics, economics and voter registration, voter ideology in the 2012 election. and i want to wish you all paid happy voter registration day. i'm sure everyone in this room s registered to vote. this is being cohosted by two fantastic teams. if we are just a few weeks before the election and i know that may seem like a very short time but in politics it's a lifetime. we were interested in taking down into what is actually happening in the states. what trends we
't push the economy but can push foreign affairs. different story from our commander in afghanistan and the guy who runs afghanistan as well despite what the president said about al-qaida, they have bad news. >> al-qaida has come back and a resilient organization. they are not here in large numbers . they don't have to be anymore in large numbers. >> the reason for nato invasion was terrorism . terrorism has not gone away. it has increased. >> steve: that is not helpful for the president and his men. look what he's doing with foreign policy. >> gretchen: yesterday. paul ryan from wisconsin was asked about president obama's foreign policy and this is what he had to say. >> they are sponse was slow and confused and inconsistent and part of a bigger picture of the fact that the obama foreign policy is unraveling before our eyes . >> steve: what is happening right now in the middle east is the ugly fruits of the bum pumforeign policy. 20,000 killed and iran on the brink of having a atom bomb and russia thumb their nose . >> eric: the interview last night with karzai. terrorist attacks h
even lose our country. >> ross perot, interviewed by "usa today"'s richard wol on the economy, the deficit and debt and how it's changed since he ran for president in 1992 and '96. find richard wolffe's article in today's edition of "usa today" and at usa today.com. raz perot tonight -- ross perot tonight on c-span at 9 eastern. >>> next, a look at the presidential campaign with libertarian party candidate gary johnson. the former republican governor of new mexico talks about his view of the two-party system and obstacles for third-party candidates. from "washington journal," this is 40 minutes. >> host: joining us now is gary johnson, the former governor of new mexico, a republican 1995-2003 who is now the libertarian presidential nominee, and gary johnson, first question. when you look at the major party candidates and this year's cycle, what's missing in the debate and the dialogue? and what do you wring to the table -- what do you bring to the table? >> guest: well, how about truth for starters. the notion that both obama and romney are arguing over who's going to spend mo
financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain about the biggest headwind facing the usa today. liz: can you imagine voting for this interview. wait until you listen come back here what he had to say. not just how we get rid of tax abductions, but all of them except two. but also which industries are mature enough that we should rip the rug out from underneath them and stop giving him all kinds of tax breaks. speaking very candidly with me. i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case of solyndra and ma
with former presidential candidate ross perot. he talks about the status of the economy, the deficit and debt, and how it has changed since his campaigns in 1992 and 1996. here's a portion of that interview. >> you established a third party. he ran twice. you established -- what was it? united we stand and then the reform party. do you think there is something wrong with the two-party system that has gotten, as we have seen, more acrimonious? >> it is almost impossible to do it. it would be a healthy thing if you could get it done and make it happen. they know they are going to be butchered from day one for what they have done. >> "usa today's" richard wolfe talks with ross perot. and to confine his article on monday in "usa today." >> my opponent and his running mate are big believers in top down economics. they basically think that if we spend another $5 trillion on tax cuts that favor the very wealthy -- [audience boos] don't boo. vote. vote. vote. >> he has one new idea. he has one thing he did not do in his first four years, which he says he will do in his next four years, which is raise
in the american economy. if we did get a decision on the grand bargain that the ten year time frame of how we would manage the cuts and spending and tax increases and investments, because we need to do all three. we need the tax, we need to cut and invest in the sources of our strength. i think that would just have a huge -- americans feel like children are permanently divorcing parents, and i think it is like a poll on the country in a lot of ways. so second, if we had a grand bargain on energy, how to exploit the bounty of natural gas in particular in the environmentally safe and sustainable way on the national basis i think those two things together would have a huge impact. so the question is how close are we to that? and i was saying about the middle east but it may apply to american politics is all important politics happens the morning after the morning after. so, i think -- hearing talking about the election. i don't know how the election is going to come up and make no predictions but i do ask myself if romney gets smashed i don't think the political problem is we have a center left
with a total cost to the economy of $1.70 trillion. it is $250,000 a year in additional tax cuts for those same 120,000 families and anybody making more than $1 million. >> all these promises were made on the idea of hope and change and it sounded pretty good to people. but when the rhetoric went aside and the time to act occurred, the ideas are the old idea that a failed time and again. borrowing and spending and regulating and taxing and printing money, all these things do not lead to prosperity and. all these policies say take power from people, many from families and a successful small businesses and job creators, ascended to washington and then they decide. that does not work. host: that's a taste of the vice-presidential nominees over the weekend. they will go head-to-head on october 11 in their only official the bait. let's stick to your calls. will the vice-presidential candidates impact your vote? in harvey, louisiana, our first caller. caller: good morning. obama and biden are cutting the military and they don't even say much about it on the news. things will be cut, especially in the
Search Results 0 to 18 of about 19 (some duplicates have been removed)